7307 Motz, Paramount, CA — listing photo 1
1 / 1
FOR SALENew Listing

7307 Motz

Paramount, CA 90723
17,827 Lot Sq Ft
Built 1942
$1,349,000

Property Overview

4 DETACHED HOMES + MAJOR DEVELOPMENT POTENTIAL Rare value-add investment opportunity featuring four detached residences plus approximately 4,600 square feet of additional land at the rear of the property. With below-market rents, month-to-month tenants and significant development potential, this property offers an investor multiple paths to increase income and long-term value. The existing property consists of: • 2 Bedroom / 1 Bath + Garage • 3 Bedroom / 1 Bath • 1 Bedroom / 1 Bath + 1-Car Garage • 2 Bedroom / 1 Bath + Garage All four residences are currently rented below market, with tenants on month-to-month agreements, providing potential for increased rental income over time, subject to applicable laws and tenant protections. THE REAL OPPORTUNITY IS IN THE DEVELOPMENT POTENTIAL According to information provided by the City, an owner may have two potential development strategies to explore. Option 1 – Maintain the Detached Configuration Leave the four existing residences detached and potentially develop an ADU of up to approximately 1,200 square feet on the rear portion of the property, with the potential for its own garage and private yard. Option 2 – Explore a Larger Development Plan According to information provided by the City, by connecting the existing residences with a relatively simple block-wall configuration and satisfying applicable City requirements, there may be an opportunity to develop up to eight additional units on the property. This creates a unique opportunity for an investor or developer: continue operating the existing four residences while improving rents over time, add a large ADU while maintaining the detached-home configuration, or investigate a more substantial development plan that could dramatically increase the property's unit count and income potential. Four existing detached residences. Below-market rents. Month-to-month tenants. Approximately 4,600 square feet of additional land. Potential for a 1,200-square-foot ADU or a larger development of up to eight additional units. Buyer to independently verify all zoning, development, ADU, density, parking, utility and construction requirements with the City of Paramount and appropriate governmental agencies. No representation or guarantee is made regarding final development approval.

Home Details

Property type
Residential Income - Quadruplex
Year built
1942
Lot size
17,827 sq ft
Parking
22 spaces
Garage
4 spaces
Stories
1
Days on market
0
MLS status
Active

Features & Amenities

Interior

  • Ceiling Fans
  • All Bedrooms Down

Appliances

  • Disposal
  • Gas Oven

Parking

  • Assigned

Pool

  • None

Lot

  • Zero To One Unit Acre

Community, Schools & Utilities

Community

View
Neighborhood

Utilities

Heating
WallFurnace
Cooling
WallWindowUnits
Water
Public
Sewer
PublicSewer
Browse more homes for sale in Paramount

Location & Neighborhood

7307 Motz

Paramount, CA 90723

Frequently Asked Questions About 7307 Motz

Property type: Residential Income

The current asking price is $1,349,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 7307 Motz. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1942. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Paramount, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Paramount property.
The MLS currently reports the property as Active. It has been listed for 0 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

Get More Info

Crown Coastal Support Team

Direct support from our real estate team

Enquiry form loads as you reach this section.

Listing Agent

Name: David Smith
MLS ID: RSMITDAV

Available property

$1,349,000

CRMLS Logo

Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.